Intel’s Market Is Strong amid PC, Data Center Demand

Intel’s Market Is Strong amid PC_ Data Center Demand-01

Intel has recently raised its 2021 outlook as PC demand advanced its client computing group sales and Internet of things. In fact, enterprise and Mobileye showed robust growth and the tech giant believe the semiconductor sector is surging due to this increased digitization across businesses.

The company reported that the second quarter net income of $5.1 billion, on revenue of $19.6 billion. Moreover, for 2021, Intel is expecting a GAAP revenue of $77.6 billion and non-GAAP revenue of $73.5 billion – along with non-GAAP earnings of $4.80 per share.

Source: ZDNet

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